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DewDiligence

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Re: Golfbum post# 5138

Wednesday, 05/14/2003 1:28:35 PM

Wednesday, May 14, 2003 1:28:35 PM

Post# of 151805
Golfbum: at the moment, I do not own INTC or any other large-cap tech stocks.

But that’s not because of the company policy on options per se. (Unlike INTC’s official line that options-related expenses are incalculable, I make my own adjustments for options in the financial modeling.) The reason is simply that, at current prices, INTC isn’t cheap enough relative to its business prospects. Regards, Dew

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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